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A Federal Court judge has criticised HSBC for failing to comply with court orders in the corporate cop's case alleging the bank failed to protect customers from scams.
Financial services firm Monarch Advisory Group has won over $270,000 in damages after two employees who started a new business were found to have breached restraint clauses in their contracts.
Construction PRO
Genesis Minerals has agreed to buy the Laverton Gold Project in Western Australia from Focus Minerals for $250 million.
Brisbane-based law firm Cooper Grace Ward has lured a corporate law expert from K&L Gates to join its partnership.
Australia's corporate watchdog has taken Snaffle to court, alleging the online retailer inflated prices and charged excessive interest under credit contracts.
Bedding and mattress retailer Bedshed has paid nearly $40,000 in penalties after the Australian Competition and Consumer issued it with two infringement notices over advertising that claimed its products were approved by the National Disability insurance Scheme.
Construction PRO
A Victorian shopping centre has been ordered to pay back $1.5 million to a company that broke a contract for a $30 million land sale.
A judge hearing the ACCC's misuse of market power case against Mastercard has said he’s “loathe” to order any further discovery, as the credit card company argues a fight over waiver of legal professional privilege could involve “potentially enormous” further discovery.
Vodafone has referred Telstra to the Australian Competition and Consumer Commission, and is considering taking legal action against its rival, over allegations Australia's largest telco made deceptive mobile network reach claims.